A comprehensive system of preferential lending is being implemented in Turkmenistan

Turkmenistan is carrying out large-scale measures under a preferential lending system aimed at further developing small and medium-sized enterprises, the agricultural sector, and improving the living standards of the population. Financial mechanisms are designed to increase investment activity, expand production, and enhance social welfare. This was reported by the newspaper “Turkmenistan” published on Friday.

Based on the Presidential Decree “On state support for small and medium-sized entrepreneurship,” nearly 2,000 investment projects were financed by December 1, 2025. As a result, more than 16.7 thousand additional jobs were created, and the production of import-substituting and export-oriented goods increased.

Producers of agricultural products are granted preferential loans at 1% annual interest for up to 10 years to purchase machinery and equipment. Special projects in livestock breeding, poultry farming, and agricultural processing receive loans on favorable terms at 5% annual interest.

In addition, credit institutions are authorized to issue mortgage loans for purchasing ready housing at 1% per year for up to 30 years with a grace period of up to 5 years for repayment of the principal. Similar terms are applied in Arkadag city, where mortgage loans may cover up to 90% of the actual cost of housing.

Young families may obtain preferential loans of up to 20,000 manats at 1% annual interest for up to 3 years to purchase household goods and furniture without collateral, based on guarantor support. By December 1, 2025, the number of people who received this loan reached 185,000.

The implementation of preferential lending contributes to increasing investment activity, regional development, production expansion, and improvement of living standards. The financing system is one of the key tools of Turkmenistan’s socio-economic policy aimed at supporting citizens and ensuring sustainable development.